Funding · Commerce & Consumer Brands

Elivaas plans fresh funding to expand villa portfolio

By Startup Enthusiast · 29 August 2026

What they do

Elivaas operates a luxury platform that manages vacation rentals and private holiday homes for owners across India

The startup is evaluating a new funding round to scale its operations after raising $15 million in total institutional capital

The company aims to grow its portfolio to 1,200 villas by the end of 2026, up from its current 670 properties

Elivaas is currently planning a fresh fundraise to support the expansion of its managed villa portfolio.
The company has not yet disclosed the specific size or valuation for this upcoming funding round.
The startup currently manages approximately 670 villas across various holiday destinations in India.
Management aims to increase this footprint to 1,200 villas by the end of 2026.
The business has achieved an annualised revenue run rate (a projection of yearly revenue based on current performance) of approximately ₹200 crore.

There is rising consumer demand for professionally managed villas in the luxury segment.
Many second-home owners are increasingly looking to monetise their properties through short-term rental platforms.
The company intends to focus on increasing the number of properties on its platform while boosting revenue from its existing portfolio.

Elivaas provides a luxury villa management service for property owners.
The platform handles operations for vacation rentals and private holiday homes.
It focuses on key holiday destinations throughout India.
The company acts as an intermediary between property owners and travelers seeking premium stays.
It has secured $15 million in total institutional funding to date.

Vertex Ventures Southeast Asia and India (lead) — Led the Series B round in August 2025.
Peak XV Partners (participated) — Participated in the Series B round and is a backer of the firm.
3one4 Capital (participated) — Participated in the Series B round.

Product: A full-stack hospitality platform for short-term rentals in luxury villas and apartments
Customers: Property owners and travelers seeking premium stays
How it makes money: Earns through hospitality and property-management services tied to short-term rentals
What sets it apart: Uses proprietary technology and an AI-enabled tech stack to run operations
Operations: Manages luxury villas and apartments and also distributes inventory through travel platforms